--- title: "STOCKS | Southbound Funds Record Significant Net Purchase of 7.61 Billion Yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/287893673.md" description: "Southbound funds recorded a significant net purchase of 7.61 billion yuan today. In the Shanghai-Hong Kong Stock Connect, Pop Mart and Meituan-W saw net purchases of 830 million and 600 million Hong Kong dollars, respectively, while Alibaba-W had the highest net sales at 678 million Hong Kong dollars. In the Shenzhen-Hong Kong Stock Connect, SMIC and Hua Hong Semiconductor had net purchases of 3.948 billion and 946 million Hong Kong dollars, respectively, with Alibaba-W again leading in net sales at 625 million Hong Kong dollars." datetime: "2026-05-28T09:36:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287893673.md) - [en](https://longbridge.com/en/news/287893673.md) - [zh-HK](https://longbridge.com/zh-HK/news/287893673.md) --- # STOCKS | Southbound Funds Record Significant Net Purchase of 7.61 Billion Yuan Southbound funds made a substantial net purchase of 7.61 billion yuan today. According to Jin10, in the Shanghai-Hong Kong Stock Connect, Pop Mart and Meituan-W saw net purchases of 830 million Hong Kong dollars and 600 million Hong Kong dollars, respectively. Alibaba-W experienced the highest net sales, amounting to 678 million Hong Kong dollars. In the Shenzhen-Hong Kong Stock Connect, SMIC and Hua Hong Semiconductor recorded net purchases of 3.948 billion Hong Kong dollars and 946 million Hong Kong dollars, respectively, while Alibaba-W again led in net sales with 625 million Hong Kong dollars. ### Related Stocks - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [09992.HK](https://longbridge.com/en/quote/09992.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [HPPD.SG](https://longbridge.com/en/quote/HPPD.SG.md) - [83690.HK](https://longbridge.com/en/quote/83690.HK.md) - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) - [HMTD.SG](https://longbridge.com/en/quote/HMTD.SG.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) ## Related News & Research - [China's Meituan Opens Errand Ordering System to Multiple AI Assistants](https://longbridge.com/en/news/287715884.md) - [Chinese Robotics Startup Tianji Bags USD147.4 Million From GL Ventures, Meituan](https://longbridge.com/en/news/287528425.md) - [Meituan Puts Drone Delivery Infrastructure Into Commercial Use](https://longbridge.com/en/news/287320174.md) - [China's Pop Mart warns of 2026 profit margin pressure from higher costs](https://longbridge.com/en/news/286185719.md) - [Pop Mart Declares Final 2025 Dividend and Sets HKD Payout Terms](https://longbridge.com/en/news/286254762.md)